New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-28

redemption nearly fast payments for call bonds
Increased rapidly but a. time and the bank notes
sOcd, and dapidated they mud their way 70
s a ts ns pns Sss has sent
home within short pero 100000 shares OF american
stock market il limited and contracted that 10 large
volume OF stocks can be disposed or without causing
statements evidently l., incorrect The time
for the arrival Of these alleged 400 200 shares
mas long since passed. II they have arrived the qct aD
sorpon Of such q volume OF additional securities oeTays
not Only extraordinarily broad put On exseehsX
strong market Stress 10 laid upon the drhtes WHICH
tight money which lis inevitable" COMES;
uns ,S S.gf will i'' Ss cS@polsd to cali in
loans stocks-sr are told. Two weeks ago we LOOK
so 70 an % rSe% f s Ss ps Curing the
weeks o che Loans haze Of oGsn Ike the oDo
made two weeks ago indicates that small part or u
has been loaned to stock SPECTATORS Tor 1e ons
OF individual banks during the last two weeks where ey
amount TO as much as %l4o1o were ac ~ @ leather
Manufacturers. $i4ooOo Hanover, si5oo0 9 o,o
North America, ss7oOOo; United states, $3.50 700;
Third, $4,000; chas $4,000; Csnt nod S7oo
Frat Na:i"nai. sl.31oooo sCSnractlons earn Elk.
change, $l2i.oo0; Nassau, 100000 Manhattan s;l
100000: city 100000 Fourth, $6 1000 AMI Amer
lea 81 100000. Tho logic of thi. anal sis as well as the
which has ruled at the Stock Exchange all
forbid the thonsht that the expansions nas, td
any considerable extent made to the Stock Exchange
and they should teach the lesson that there are Other
uses for money besides that of buying and selling Stocks
and become operative In times OF general pros
peri.y And IL is well observe right here that the
history banking and the record OF the conditions of the
New-York City banks dates back several
years before February 1886. or even OF
ies5 idle money. like lille machinery.
Is non.produye and the periods with whicn it is now
so fashionable to compare the bank conditions were
periods OF depression and OF the waste OF Idle caDlta IL
Is thrt the bank reserve now is only 81 l3ooooo
and It also Is thar ycnr the surplus reserve
twre large" but II Is now from S2oOooOO 10
Sl2 900 900 than IL ever was before az CORE
excepngin and slaana
ton Gtreqres predict that about April money
will he relatively arvo than IL Is In the month OF
February This is lesson which has been taught by ex
peence In years Of tho greatest plethora OF money ana
dearth OF business Viewing all the conditions the logic
events the satisfactory showing OF railroad Reports
traffic and business OF the country the dulness NJ the
New-York Stoch Exchange seems 10 De que 10
the srarrity OF stocks in which 10 trade Large
operators do not 10 start speculation with only
small lin. OF stocks hand and while 1t Ia easy TO de-
prcss market two points ex erence mas SHOWN
that II Is difficult Ia repurchase line sold without re-
soruy pr 10 better figures than those from which the
depression started. .
Suboined IL orr usual table giving the highest. lowest
and final prices number OF shares sold for the week.
together with the final prices OF week ago, or fortys
active representative stocks preixod by the prices VI
February q. 1856:
WEEKLY RANGE.